Artificial intelligence (AI) is the new buzzword in the technology space.

The introduction of generative AI has led to an explosion in use cases for this nascent technology.

Along the way, many companies have doubled down on AI investments as more organisations attempt to incorporate AI into their workflows and systems.

This boom came in tandem with a surge in demand for digitalisation with more corporations adopting cloud computing.

If you are looking to latch on to this sustainable trend, here are five promising US growth stocks that can help you do so.

Nvidia (NASDAQ: NVDA)

Nvidia is at the forefront of the AI revolution as its graphics processing units (GPUs) are used to power AI applications.

Despite recent US curbs on chip exports to China, Nvidia is now attempting to launch a cheaper version of its Blackwell AI chip.

Mass production should commence as early as June.

Nvidia views China as a huge market for growth and it is the third time that the company had to tailor a GPU specially for the Middle Kingdom as US authorities clamp down on exports to stymie Chinese technological developments.

For its fiscal 2025 (FY2025) ending 26 January 2025, Nvidia’s revenue shot up 114% year on year to US$130.5 billion.

Operating profit more than doubled year on year to US$81.5 billion while net profit leapt 145% year on year to US$72.9 billion.

The company also generated a positive free cash flow of US$60.9 billion, significantly higher than the US$27 billion in FY2024.

Nvidia also declared a quarterly dividend of US$0.01 per share as icing on the cake.

For the first quarter of FY2026, Nvidia expects revenue to be US$43 billion, representing a year-on-year growth of close to 65.4%.

Microsoft (NASDAQ: MSFT)

Microsoft is at the forefront of AI innovations and is one of the technology companies spearheading growth in the field.

The company unveiled a slew of new products and partnerships with OpenAI, Nvidia, and Elon Musk’s xAI to cement its dominance in the sector.

These include a powerful coding agent that uses simple instructions to help businesses build and manage their work processes.

Its GitHub unit also enables developers to summon the Copilot AI assistant to assist with specific tasks such as debugging or rewriting code.

Microsoft reported solid earnings for the first nine months of fiscal 2025 (9M FY2025).

Revenue rose 13.8% year on year to US$205.3 billion with operating profit climbing 15.6% year on year to US$94.2 billion.

Net profit stood at US$74.6 billion, up almost 13% year on year.

The technology behemoth also churned out free cash flow of US$90.3 billion, up 12.4% year on year.

Broadcom (NASDAQ: AVGO)

Broadcom is giving Nvidia a run for its money.

The company’s application-specific integrated circuits (ASICs) are used in AI data centre infrastructure to enable large technology companies such as Alphabet and Meta Platforms (NASDAQ: META) the ability to have custom AI processors.

Broadcom also provides networking solutions and infrastructure components for AI clusters.

The company reported a strong financial result for the first quarter of fiscal 2025 (1Q FY2025) ending 2 February 2025.

Net revenue rose 24.7% year on year to US$14.9 billion.

Operating profit tripled year on year to US$6.3 billion and net profit more than quadrupled year on year to US$5.5 billion.

Free cash flow increased by 28% year on year to US$6 billion, and the company declared a quarterly dividend of US$0.59 per share.

TSMC (NYSE: TSM)

TSMC is the largest chip foundry in the world and owns wafer fabrication plants in Taiwan that manufactures a range of chips for 522 customers.

These chips help to power AI applications for many companies, including the technology titans.

TSMC provided a bullish outlook for 2025 on robust demand for AI applications despite the uncertainty swirling around Trump’s latest tariff threat.

The company is in a strong position to pass on any cost increases as it has a dominant market position within the sector.

For the first quarter of 2025 (1Q 2025), TSMC reported a 41.6% year-on-year growth in revenue to NT$ 839.25 billion.

Net profit soared 60% year on year to NT$ 361.6 billion, with the business generating an impressive return on equity (ROE) of 32.7%.

For 2025, management expects revenue to grow by mid-20% year on year in US dollar terms.

From 2024 to 2029, revenue is expected to grow by almost 20% per annum, with ROE to remain higher than 25%.

Alphabet (NASDAQ: GOOGL)

Alphabet is another technology titan that is spending large amounts on developing its AI capabilities.

In a recent major update, the company said that customers across the US can switch Google search into “AI mode”.

By using AI to answer tougher questions, the engine can open up new ways to display more relevant and useful ads that target the right customer segment(s).

Monetisation of the AI mode can then follow after the successful US launch.

Alphabet reported a robust set of earnings for 1Q 2025 with revenue rising 12.3% year on year to US$90.2 billion.

Operating profit climbed 20.2% year on year to US$30.6 billion while net profit surged 46% year on year to US$34.5 billion.

The technology company also saw its Google Cloud revenue continue its upward trend, coming in at US$12.3 billion for 1Q 2025, up 28% year on year.

The division’s operating margin is also improving, going from 9.4% in 1Q 2024 to 17.8% for 1Q 2025.

Meanwhile, Alphabet also generated US$19 billion of free cash flow for the quarter, up 12.6% year on year.

Generative AI is reshaping the stock market, but not in the way most investors think. It’s not just about which companies are using AI. It’s about how they’re using it to unlock new revenue, dominate their markets, and quietly reshape the business world. Our latest FREE report “How GenAI is Reshaping the Stock Market” breaks the hype down, so you can invest with greater clarity and confidence. Click here to download your copy today.

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Disclosure: Royston Yang owns shares of Alphabet and Meta Platforms.